Oakland, CA 94609,489 48th Street
Listed by Karen Mulcahy • Corcoran Global Living
Bought with Karen Mulcahy • Corcoran Global Living

$1,650,000

Est. payment /mo

$1,850,000

10.8%
Est.Price: ?

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489 48th Street Oakland, CA 94609

3,622 SqFt

SOLD DATE : 12/04/2020

Key Details

Sold Price $1,650,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,622 sqft

Price per Sqft $455

Subdivision Temescal

MLS Listing ID 40917007

Sold Date 12/04/20

HOA Y/N No

Originating Board QUATTRO San Francisco

Year Built 1947

Lot Size 7,500 Sqft

Property Description

For sale five (5) unit plus one (1) non-conforming unit multi-family investment located at 489 48th Street Oakland, CA. There are two structures on the property: a two story four unit structure at the front of the property constructed of wood frame and stucco on a raised foundation built in 1947. In addition, there is an additional single family residence at the back of the property with separate entrances for the upstairs and downstairs. The downstairs unit can be rented out and is the non-conforming unit. The total square footage is 3,662 on a 7,500-square foot lot. Located just steps from bustling Telegraph Avenue, this property provides an investor or owner-occupier an extremely rare opportunity to own an income property with tremendous upside with the two (one non-conforming) units will be delivered vacant. The property boasts a Walk Score of 98.

Location

State CA

County Alameda

Interior

Heating Electric

Cooling Ceiling Fan(s)

Flooring Concrete, Hardwood, Tile, Carpet

Fireplace No

Window Features Window Coverings

Appliance Gas Water Heater

Exterior

Parking Type Parking Lot

Building

Lot Description 2 Houses / 1 Lot, Level, Premium Lot, Paved

Water Public

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Alessandra Imanabadi

Alessandra Imanabadi

Nationwide Fine Homes

+1(510) 504-2528

Our team is ready to help you sell your home for the highest possible price ASAP


Bay East AOR and Contra Costa AOR

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Alessandra Imanabadi

Broker/ Realtor | License ID: 01390368 NMLS Lic.# 328245

+1(510) 504-2528

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